Dish Network McKeesport office, with 600 jobs, to close
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big oil has undeveloped leases all over.
they should pay a killer fee, for leasing and not drilling. fact is they have reduced drilling.
big oil wants the crude price nice and high.
besides coal to gasoline plants could free us of imported oil completely.
but again big oil gets what big oil wants.
lobbyists BUY are representives.
we could also import sugar, for ethanol. but thats illegal.
heck the law prohibiting sugatr imports helped drive hershey foods to move nearly all candy production to brazil. where sugar is both cheap and plentiful
finished candy can be imported into our country without tarriffs
they should pay a killer fee, for leasing and not drilling. fact is they have reduced drilling.
big oil wants the crude price nice and high.
besides coal to gasoline plants could free us of imported oil completely.
but again big oil gets what big oil wants.
lobbyists BUY are representives.
we could also import sugar, for ethanol. but thats illegal.
heck the law prohibiting sugatr imports helped drive hershey foods to move nearly all candy production to brazil. where sugar is both cheap and plentiful
finished candy can be imported into our country without tarriffs
Don't forget about Sony in Mt. Pleasant.
http://www.pittsburghlive.com/x/valleyindependent/s_602385.html
Ok..One time...THe average post tax profit for oil companies is a bit under 9% per year..
If oil compnaies benefited so from high pump prices, would it not make the prioce of oil stocks skyrocket? After all, those evil profits would result in mega investment in oil stocks... Truth is Oil company stocks do not perform any better than other Blue Chips.
Oil companies DO NOT set prices. Yes they can reduce production. But that is doen for a few reasons. One is each spring when refiners must retool to begin produtcion of "boutique" gasoline blends. Also oil production is reduced in summer to prepare for the winter travel lull.
Right about the time when gas and oil prioces began their latest dramatic rise, I saw an petroleum analyst and trader interviewed on CNBC about oil and gas prices. He stated that producers were going to slow output and he predicted $100 per barrel oil by the end of November. We see that person is very worng.
Yesterday I read a report that oil traders who fo rthe most part were gobbling up oil futures contracts as a hedge vs the falling dollar now see that as a bad investment because the demand just is not there. That is why oil and gas fell about 10% last week.
Now in those last two paragraphs there is no menton of oil compnaies reducing production for the sole purpose of manipulating the consumer price.
OPEC has regualr meetings to set production quotas in order to support falling prices. But those nations have a very serious interest in price supports because oil IS their respective economies..
There are no simplistic solutions.
The political left believes we are destroying the planet by driving cars. Their solution is to have us all ride bicycles. They use phrases like " we neeed to get off oil". "we cannot drill our way out of this problem.
These idiots have never glossed the subject of interstate commerce and those who MUST operate a motor vehicle to earn a living. These things do not count.
THey know damned well that the world's economy is based almost entirely on the free flow of petroleum But those on the left along with their enviro wacko friends only want to control, not eliminate oil as a fuel. Control gives them power.
If there is a group that desires to see high prices it is our current presidential Admin and the left wing of this Congress.
Sugar..... This one is easy.....This is what happens when governments use protectionism to artificially support a market. Nobody wins.
Hershey has to do what they must because our sugar producders actually receive subsidies form the federal government to grow LESS sugar cane. In turn, thre federal government issues tarriffs on imported sugar. The sugar market is manipulated by government.
Consumer countries fail and producing countries survive......
And we are nothing more then a consuming country now
And we are nothing more then a consuming country now
an overly simplisitc theory.
I say this to all who are unhappy with life in these United States, do something to make it better or renouce your cisitzenship and choose of the other 190+ nations on the planet.
Did you know Gulf Oil used to have headquarters in Pgh, PA? They employed around 300 high level executives until mayor Sophie kicked them out. Pittsburgh's unfriendly business environment has 30 - 40 year roots.
yeah the GULF building.
pittsburgh is shrinking dramatically the coming census numbers will be bad.
but heck pittsburghs mayor wants to tax every college student. for a CMU student, it would be about 400 bucks a year.
I hope PITT or other big school moves out to the suburbs.
leaving a minimal school presence so property would remain tax exempt.
the businesses around the departing school would lynch ravenstall...... business poof gone
property tax is killer 90,000 home about $2500 per year tax
no one owns their home they rent it from the government
pittsburgh is shrinking dramatically the coming census numbers will be bad.
but heck pittsburghs mayor wants to tax every college student. for a CMU student, it would be about 400 bucks a year.
I hope PITT or other big school moves out to the suburbs.
leaving a minimal school presence so property would remain tax exempt.
the businesses around the departing school would lynch ravenstall...... business poof gone
property tax is killer 90,000 home about $2500 per year tax
no one owns their home they rent it from the government
Umm I am was not the one who was complaining about the USA..Besides, the idea was not directed at you personally.
A bit touchy, aren't we?
Discussion(with you) terminated.
Why politicians have not realized that taxing the crap out of residents is not the answer and gets them nowhere is a mystery to me.
But them again, if those who vote keep re-electing the same people, they get what they deserve.
Get used to it. It is the wave of the future. This will only be the beginning of big job losses. History has shown that taxes kill jobs and encourage businesses and people to move to more tax friendly parts of the country or out of country.
oh this has been going on for 30 years.
Mario Cuomo was governor of NY for 4 terms and raped that state of businesses due to over taxation. In fact the western third of NY never recovered from the recession of the early 90's...
I think people are reading too much into this. McKeesport was a tech support center mainly. As long as people have trouble with satellite, tech support jobs will still exist. DISH opened the Phoenix call center about a year and a half ago. I believe that DISH likely opened Phoenix with the intent to close down McKeesport once Phoenix matured as a call center and got staffing worked out. There's about 400-500 people in the Phoenix office just for tech. They're also expanding inbound sales to another 300 staff there as well.
McKeesport will be closing in March. That's pretty fair notice for a company considering how short a notice people often get when layoffs and downsizing occurs. Also, keep in mind that call center turnover is often almost 100%. That means a majority of the people there would have quit their job within a year's time anyway.
McKeesport will be closing in March. That's pretty fair notice for a company considering how short a notice people often get when layoffs and downsizing occurs. Also, keep in mind that call center turnover is often almost 100%. That means a majority of the people there would have quit their job within a year's time anyway.
pennsylvania has a law requiring advance notice of job layoffs and closings.
looks like the pittsburgh mayor will et his 1% tax on all college / university tuitions. I WISH one major school would decide to leave.....
looks like the pittsburgh mayor will et his 1% tax on all college / university tuitions. I WISH one major school would decide to leave.....
